About

Advocacy

Events

Membership

Sponsor

Education

Newsletters

Resources

Technical Assistance

×

CDFA Revolving Loan Fund Finance Update - January 14, 2020

Having trouble viewing this newsletter? View it online.
Revolving Loan Funds Update
January 14, 2020
Subscribe
View Archives
Revolving Loan Fund Finance Update

Features

CA Climate Budget to Include $1B Green Loan Fund
Contending that California needs to better encourage small players with ideas to address the climate crisis, Gov. Gavin Newsom included a $1 billion revolving loan program in his new budget to seed recycling, low-carbon transportation and climate-smart agriculture projects.

Benton Harbor, MI Commissioners OK $15M in Water/Sewer Work
Almost $15 million in water and sewer work should start now that Benton Harbor city commissioners gave final approval Monday for the project. The work will be partially paid for by low-interest loans from two state programs – the Drinking Water Revolving Loan Fund (DWRF) for the water projects and the State Revolving Loan Fund (SRF) for the sewer projects,

Tulsa, OK Unveils New Programs for Retail, Business Developers
To help fix part of a 2016 Vision Tulsa Sales Tax Package voters approved nearly $3.5 million specifically for commercial revitalization. A portion of that package is the Retail Redevelopment and Development Fund which is a Revolving Loan Fund (RLF) intended to provide low-cost capital to retail entrepreneurs and developers.

TDEC Announce $48M Loan for Memphis, TN Water Improvements
Tennessee Gov. Bill Lee and the Tennessee Department of Environment and Conservation (TDEC) Commissioner David Salyers announced a $48 million loan for the City of Memphis to address water infrastructure. This Clean Water State Revolving Fund loan will address wastewater treatment plant improvements and upgrades to secondary treatment at the T.E. Maxson Wastewater Treatment Facility.

EPA to Allow State RLF to Pay for Water Rights
The United States Environmental Protection Agency announced in a memorandum that it would allow the Drinking Water State Revolving Fund to be used for purchasing rights or access to new sources of drinking water under certain circumstances.

Staples, MN Awarded $16M for Wastewater Treatment Facility
The Minnesota Public Facilities Authority awarded over $16 million in funding for water infrastructure projects in Staples. Staples is constructing a new Class B wastewater treatment facility that will include improvements to reduce the discharge of phosphorus and mercury. Funding for the project comes from a Point Source Implementation grant of $7,000,000, a Water Infrastructure Fund grant of $3,060,681 and $6,051,599 loan from the Clean Water Revolving Fund.

EPA to Provide WA with $52.1M for Critical Water Projects
The U.S. Environmental Protection Agency today announced it has approved funding in support of Washington's $22 million plan for key drinking water projects and a $120 million plan to improve wastewater infrastructure. The sources of funding for projects on Washington's Drinking Water State Revolving Fund Intended Use Plan include a $24.5 million grant from EPA. 

MN PFA Loans $5.3M for Water Infrastructure
The Minnesota Public Facilities Authority (PFA) awarded more than $5.3 million to the cities of Hamburg, Red Lake Falls and Tracy. Minnesota Governor Tim Walz said, "Keeping Minnesota's waterways clean and safe is an investment in our citizens and our community". Details on the awards as follows.

Upcoming Events
CDFA Federal Policy Conference

CDFA // BNY Mellon Development Finance Webcast Series: Forecasting the Bond Market in 2020
Tuesday, January 21, 2020 - 1:00 PM Eastern
During this installment of the CDFA // BNY Mellon Development Finance Webcast, hear from our experts as they dive into the data, examine the trends, and offer a preview of the bond market in 2020.

Fundamentals of Economic Development Finance WebCourse
January 29-30, 2020 - Daily: 12:00 - 5:00 PM Eastern
The Fundamentals WebCourse is the foundation for all of CDFA's educational offerings. This course helps attendees understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.

Headlines

IA Has Innovative Approach with RLF for Nutrient Loading
Water & Waste Digest | Jan. 13 | Revolving Loan Funds (RLFs) | Water Finance

Corvallis, OR Approves Funding for a Climate Action RLF
Corvallis Gaxette-Times | Jan. 9 | Revolving Loan Funds (RLFs)

RLF Approved for Brookings, SD Drainage Improvements
The Brookings Register | Jan. 9 | Revolving Loan Funds (RLFs) | Water Finance

LIHTC, Bonds, and RLFs to Finance Rural IN Housing
Journal Review | Jan. 6 | Bond Finance | Revolving Loan Funds (RLFs) | Rural Development | Tax Credits | Housing Finance\Case Studies | Tax Credits\Low Income Housing Tax Credits (LIHTCs)

Kallispell, MT To Consider Approving Bonds for Drinking Water RLF
Daily Interlake | Jan. 6 | Bond Finance | Revolving Loan Funds (RLFs) | Water Finance

IHCDA Awarded $88M to Developers to Revitalize Subsidized Housing
Journal Review | Jan. 6 | Bond Finance | Community Development | Housing Finance | Incentives | Revolving Loan Funds (RLFs) | Tax Credits

Dog-Park Bar and Delmar Apartments Land $12M In Federal Tax Credits
St. Louis Dispatch-Post | Dec. 27 | Revolving Loan Funds (RLFs) | Tax Credits

Two RLF Bills Could Help with Flooding
Insurancenews.net | Dec. 26 | Revolving Loan Funds (RLFs)

Latino Dream Makers Fund Provides Loans to TX Minority-Owned Businesses
News 4 San Antonio | Dec. 24 | Access to Capital | Revolving Loan Funds (RLFs)

IL Makes First $21M in Cannabis Loans
The Neighbor | Dec. 20 | Revolving Loan Funds (RLFs)

Henry County Development Director Advertises Their RLF
Dispatch-Argus | Dec. 19 | Revolving Loan Funds (RLFs)

Community Agriculture Alliance Creates Micro Loan Fund
Steamboat and Pilot | Dec. 17 | Revolving Loan Funds (RLFs)

Nonprofit Aims to Help Local Farmers with RLF
The Durango Herald | Dec. 15 | Access to Capital | Agriculture Finance | Food Systems Finance | Revolving Loan Funds (RLFs)

Salt Lake City, UT Incentives Bring 1,200 Public Parking Spaces Downtown
KSL.com | Dec. 14 | Revolving Loan Funds (RLFs) | Tax Increment Finance (TIF)

New RLF Aimed at Latino Entrepreneurs in TX
San Antonio Business Journal | Dec. 13 | Access to Capital | Revolving Loan Funds (RLFs) | Access to Capital\Revolving Loan Funds (RLFs)


New Additions to the Online Resource Database

Roadmap to Redevelopment Report: Troy, NY
Bond Finance | Brownfield Financing | CDFA Original Research | Community Development | Incentives | Property Assessed Clean Energy (PACE) | Public-Private Partnership (P3) Financing | Special Assessment Districts | State Finance Program | Tax Increment Finance (TIF) | U.S. Economic Development Administration (EDA) | U.S. Environmental Protection Agency (EPA) | Access to Capital | Energy Finance | Infrastructure Finance | Revolving Loan Funds (RLFs)
This report provides financing strategies for the redevelopment of One Monument Square in Troy, NY.


The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private, and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net

Archives

Displaying 1 - 30 of 41

January 14, 2020
December 10, 2019
November 12, 2019
October 8, 2019
September 10, 2019
August 13, 2019
July 9, 2019
June 11, 2019
May 14, 2019
March 12, 2019
February 12, 2019
January 8, 2019
December 11, 2018
November 13, 2018
October 9, 2018
September 11, 2018
August 14, 2018
July 10, 2018
June 12, 2018
May 8, 2018
April 10, 2018
March 13, 2018
February 13, 2018
January 9, 2018
December 12, 2017
November 14, 2017
October 10, 2017
September 12, 2017
July 11, 2017
June 13, 2017




CDFA National Sponsors

  • Alaska Industrial Development and Export Authority
  • Baker Tilly Virchow Krause
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Fifth Third Bank
  • Frost Brown Todd, LLC
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McCarter & English, LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • Petros PACE Finance
  • SB Friedman Development Advisors
  • Stern Brothers
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
Become a Sponsor